Mind Gym PLC forecasts significant revenue and profit growth following difficult first half

The company of corporate and staff members training options mentioned the pandemic has accelerated its electronic technique and led to a “significant shift” to digital functions from confront-to-confront meetings

() is anticipating “significant progress in both equally revenue and profits” in the next half of its present yr pursuing a tricky first half disrupted by the coronavirus pandemic.

In a trading update for the six months finished September 30, the company of corporate and staff members training options mentioned the pandemic has led to an acceleration of its electronic technique and a “significant shift” to digital functions from confront-to-confront meetings.

However, thanks to the disruption revenues for the time period are anticipated to be down forty% at £14.5mln with an adjusted pre-tax loss of involving £1mln and £1.5mln.

The shift to electronic was evident with revenues from digital reside deliveries soaring to 78% of whole revenues from 32% previous yr,

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